The Futuremover - Globalance Bank

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FuturemoverThe4th quarter 2018Livingto 100?Page 8WILL NEW TECHNOLOGIESSAVE OUR PLANET?Earth to mankind: We have a problem.The WWF Living Planet Report 2018 is out.And there’s no room for complacency –urgent action is needed.The WWF appraisal outlines the ecologicalstate of our planet every two years. In anarea where environmental warnings areoften written off as scare-mongering, somefigures might be helpful: 60 percent of allanimal species have disappeared over thelast 50 years. In the same period, the rain-1 Cover Rettet KI Welt EN RZ Rel.2.indd 1forests have shrunk by 20 percent.90 percent of sea birds have plastic wastein their stomachs. And we’re heading forglobal warming of between three and fourdegrees centigrade. The worldwide costsof all environmental damage are estimatedto be over 6,000 billion euros. That’s morethan 11 percent of global GDP.During the earth’s 4.5-billion-year historythere has never been such a rapid humanimpact on the environment – primarilydue to uncontrolled economic growthwhich takes no account of the planet’sneeds.At the moment we’re behaving as thoughwe had the resources of 1.7 planetsavailable to us every year. Or to put itanother way, it means that we have usedup the earth’s entire resources by the1st of August each year. Can innovativetechnology – if it is sustainably used –turn things round?19/12/18 10:56

Who‘s going to save the world?THE SITUATION HAS NEVER BEEN ASFAVOURABLE FOR NEW TECHNOLOGIES ANDSOLUTIONS AS IT IS RIGHT NOWThe new Brazilian president, Jair Bolsonarohas announced that he wants to clearmore of the rainforest for road-building,industrialisation and the cattle industry –despite the fact that climate change andenvironmental destruction have becomethe biggest threat to the whole globaleconomy.Is mankind actually capable of adopting adifferent approach to the one that’s beenused up to now? A current study by PwCand the World Economic Forum (WEF) aimsto find out by using new technologies torectify technological blunders.Artificial intelligenceis thought to be capableof facilitating the energyrevolution.Artificial intelligence plays a leading role inthis field. Many far-sighted people believethat it can facilitate the energy revolution,get to grips with environmental pollution,and maintain biodiversity.ARTIFICIAL INTELLIGENCE BECOMESCLIMATE INTELLIGENCEHow is this possible, and above all inwhich areas can artificial intelligence (AI)become ‘climate intelligence’? The field iswide-ranging: AI can predict meteorological disasters and natural catastrophes, andit can analyse them and develop responsestrategies. AI can make towns and villagesmore efficient in their use of energy. Smartenergy grids and the distribution and thestorage of renewable energy are also akey issue. And geodata and satellite datamake it possible to monitor and manageenvironmental systems with a new levelof precision and speed.The potential of AI is almost limitless. Didyou know that 92 percent of the world’spopulation lives in areas which do notmeet the clean air standards set by theWorld Health Organization (WHO)? Totackle this problem AI can help to regulatetraffic levels by providing forecasts of smogand similar conditions and by using smartmobility guidance systems. And the idea ofgetting into an autonomous electric vehicleor even of forming car pools is a promisingone, not only in terms of reducing greenhouse gas emissions.IT’S NOT A CASE OF MORE, BUT OF BETTERIn order to feed the world the UN reckonsthat current levels of food productionwill have to be increased by 70 percentby 2050. But just increasing productionalso increases environmental destruction,which then leads to more dependency,poverty and hunger.“Farm View” is an American initiative whichaims to improve agricultural yields withthe help of AI. Research is currently underway into a variety of millet known as “sorghum”. The plant has 40,000 different seedvarieties and therefore has huge potential.GLOBALANCEFOOTPRINTArtificial intelligence requireshuman intelligenceArtificial intelligence doesn‘t justdepend on programmers. The moreopportunities that arise in this field,the more solutions are needed inrelation to socio-economic issuesas a whole and ethical dilemmas inparticular:How can we avoid a dramatic rise ininequality as a potential consequence of the decline of work? Whois responsible if an autonomousvehicle kills someone?Everybody has to be involved inthese issues – anthropologists, scientists, philosophers, sociologists andeven artists – in order to shape thisdiscourse for our society. In addition,we have to demand much greaterempathy from technology companiesin relation to undesired side effects.Due to all these challenges we needa good regulatory framework andgood laws.The search is on for a perfect combinationof seeds. The selective observation, evaluation and combination of the various characteristics of seeds would be a task whichwould take mankind hundreds of years toaccomplish by itself.AI and robotics are used to quickly findthe most resistant sorghum mixture forspecific developing countries, such as India,Nigeria or Ethiopia. This means that cropfailures can be avoided and harvest yieldscan be increased.New technologies are increasingly finding theirway into agriculture2 – The trends magazine2 3 Save the World EN RZ.indd 219.12.18 12:35

TheFuturemoverA SWISS ROBOT IS PUTTING PESTICIDEPRODUCERS IN A BAD MOODA small Swiss company is making the giantstremble.EcoRobotix only spraysherbicides where they areactually needed – on weeds.Equipped with cameras, robotic arms andartificial intelligence, the solar-poweredEcoRobotix works a twelve-hour shift withno complaints. It only sprays herbicideswhere they are needed, in other words onthe weeds rather than the plants. It consequently uses 20 times less herbicide thanthe conventional method which shroudswhole fields in a fog of spray.Or how about the development of organicsolar cells? Or optimising the use of materials in order to save resources? Or theuse of new findings in the development ofpersonalised medicines?A GOOD TEAM: THE HUMAN SENSEOF RESPONSIBILITY & ARTIFICIALINTELLIGENCEThere are hundreds of ways in which AIcan be used for the good of the planet,and no doubt just as many ways in which itcan be used to harm it. Let’s break out ofour comfort zone and try new approaches.We have to use the new technology nowwhere it makes sense to do so rather thanmerely in cases where it helps to increaseprofits. Then we will all be winners.To put it simply, a normal computer calculates each step in turn, and its ‘bits’dutifully store the results. However, thelaws of quantum physics make the “step bystep” process redundant. The busy qubitswithin quantum computers can simultaneously store huge quantities of data. Thisenables chemical processes, for instance,to be better mapped.But what’s the benefit for us? – Howabout the prospect of chemical reactionswhich use less energy and therefore makemore environmentally-friendly catalystspossible?FUTUREMOVERDAVID HERTIGFounding partner & Head of InvestmentsDavid Hertig on futuremovers inthe new technologies sector:Innovative, disruptive, attractiveFuturemovers arise wheremegatrends meet technologicalinnovations.Win-win is the name of the game:attractive returns for investors,handy solutions for our planet.Never have inefficiencies beeneradicated as thoroughly as theyare today – thanks to IT, data availability and global networking.An investment crisis? Far from it.Smart mobility, smart farming andsmart cities are all growth marketswhich are growing by between15 and 20 percent a year. Long-terminvestors are well advised to aligntheir portfolios with these futuregrowth areas.THE QUANTUM LEAP INTO THE FUTURE:QUANTUM COMPUTERSThe quantum computers are coming.Google is leading the world, China is spending billions to catch up, and even the EU isinvesting in the “super brain”. But what’snew about quantum computers comparedto existing super computers?The laws of quantumphysics make the “one stepafter another” processesredundant.GLOBALANCE“We can‘t solve problems byusing the same kind of thinkingwe used when we created them.”Albert EinsteinDELICIOUSLY VEGAN – MEAT FROM THE LABORATORYThe US firm “Beyond Meat” produces meat in the laboratory directly from vegetable proteins, fat, and amino acids.-75%-87%-95%-100%Reduction in consumption of:waterCO2 emissionslandcowsSource: Impossible Burger4rd quarter 2018 – 32 3 Save the World EN RZ.indd 319.12.18 12:35

Interview with Patrick Stal of UberMOBILITY ISCHANGEIn future we and our children will nolonger move around our cities in justone dimension.Patrick Stal, Head ofMarketing for EMEA,on the image of Uber andthe future of mobility.Where is Uber currently?Uber currently operates in over 600 citiesin 65 countries. About 15 million journeysare arranged via the app every day. In totalthere are well over three million driversaround the world who regularly use theapp. In Switzerland we operate in four cities and have roughly 300,000 active users.Uber has been a frequent target ofcriticism recently. What’s changed?Uber made mistakes in the past. Weconcentrated too much on growing ourbusiness instead of being a good partnerfor cities and drivers.Naturally we‘re alsolooking into the questionof social security cover.“I’m sure that flying taxis will be withus in the not too distant future.”Naturally we are also looking into the question of social security cover. For instance,working in partnership with AXA we offerfree insurance for drivers in almost allEuropean countries.LIFE IN THE FAST LANEUber‘s worldwide rate of growth (turnover in bn. USD)10.0Things have changed now. We know thatour drivers cherish the flexibility andindependence which the app offers e: Forbes, Uber, Bloomberg, Statista (*forecast)Patrick StalPatrick Stal is the Head of Marketing forEMEA (Europe, Middle East, Africa) at Uber,and he heads up a team of over 200 marketing professionals. They work tirelessly everyday to strengthen and further develop theUber brand.Before he moved to Uber he held leadingmarketing positions at TomTom and he alsomanaged the Benelux business of the leadingbrand consultancy, Interbrand. He began hiscareer in a management consultancy.Patrick Stal is half Dutch and half German,and he speaks four languages fluently.He lives in the Netherlands and has twodaughters.Inner-city mobility is currently undergoing major changes. How will people getaround in future?Traffic levels are increasing in cities, andit’s becoming increasingly difficult to movearound quickly and cheaply. As our citiescontinue to grow, we need new formsof mobility which are not centred onprivately-owned cars. Instead there has tobe a mix of various types of transport, withpublic transport as a key element which issupplemented by new mobility solutions,such as bike sharing and on-demandservices like Uber or taxis.What are Uber’s aims in all of this?We would like to turn Uber into a real mobility platform. We want to make it possiblefor people to use various means of transportwith our app, ranging from electric bicyclesto public transport and various deliveryservices (such as Uber Eats). The aim is forthe customer to put together his or her journey in the most convenient way possible:whether it’s using trams, buses, trains, taxis,bicycles or Uber.The key to it all is AI: How long will it takefor self-driving cars to make theirbreakthrough?There will be a mixture of human driversand self-driving technology for many yearsto come. There is little doubt that the technology will soon be able to be used for shortjourneys, and will consequently reduce trafficlevels because much better use will be madeof the cars, which will be an alternative toowning your own car. However, there willstill be many circumstances in which peoplewill be needed behind the steering wheel.Uber has also announced that it wants tomove people around in taxi drones. Howfar are we from this?I’m sure that flying taxis will be with us inthe not too distant future. We’re workinghard on getting the first flying taxis into theair by 2023. Then we and our children will nolonger move around in our cities in just onedimension.4 – The trends magazine4 5 Stal Nightingale EN RZ.indd 419.12.18 12:34

Yesterday’sFuturemoverFlorence Nightingale (1820–1910) is regarded as thewoman who laid the foundations of modern nursing.In the Victorian age she didn‘t fit in with the generalperceptions of women.“If you‘re born with wings,you should do everythingthat you can to actuallyuse them to fly.”Imagine a genteel household in 19th centuryEngland: this is where 17-year-old Florencereveals to her parents that she wants tobecome a nurse. They’re “not amused”,since well-brought up young ladies shouldconcentrate on becoming dutiful wivesrather than getting their hands dirty in hospitals. In the hope of getting their daughterto change her mind, they send her travelling. However, Miss Nightingale prefers tovisit hospitals rather than to go sightseeing.Eventually her parents reconcile themselves to the vocation of their second child.After having gained experience of workingin a variety of hospitals, by 1853 FlorenceNightingale is already running a sanatorium. She passes on her accumulated knowledge in professional training courses.THINKING HOLISTICALLY IS MOREHEALTHYShe is the first person to incorporatefactors such as hygiene, the psyche, andnutrition into care. Florence Nightingaleconsequently sets a milestone on the roadto modern healthcare, and she gains aconsiderable reputation in England.The “lady with the lamp”becomes a legend.When in 1854 Great Britain enters theCrimean War against Russia, the public areoutraged at the increasing mortality ratein the military hospitals. The governmentsends Nightingale and 38 other nurses toProfessional nursing was already able to significantly reducethe mortality rate by the middle of the 19th century.the Scutari military hospital in Istanbul.The doctors working there are not exactlydelighted at the female invasion of theirfield of work. But they have to concede defeat: within a year the mortality rate dropsfrom 14.5 to 5.2 percent. Nightingale evenministers to her charges at night when allthe doctors are asleep – the “lady with thelamp” becomes a legend.Florence Nightingale becomes not only themost important adviser on health mattersbut also the first woman to be appointedto the “Royal Statistical Society”.She lives to the age of 90 and leaves alegacy of numerous reforms which are stilleffective today.The famous pie-chartis invented.THE FIRST DATA COLLECTOR OF THEMODERN ERAFlorence Nightingale collects data relatingto the course of diseases, hospital conditions, and medical instruments. Thanks tothe recordings that she makes she managesto provide better and more efficient carein the military hospitals. When she herselffalls ill and can no longer practice, she usesmathematical skills to draw up complicatedstatistics, and to illustrate them in the formof charts and graphs. The famous pie-chartis invented.Florence Nightingale –a brief overview Reformer who pioneered modernhealthcare Collector of data, social statistician,inventor of the pie-chart The first woman to be awarded the“Order of Merit” The inspiration behind the foundingof the Red Cross4rd quarter 2018 – 54 5 Stal Nightingale EN RZ.indd 319.12.18 12:34

Changing megatrends and futuremoversOUR WORLD OF THE FUTUREWhat is a futuremoverFuturemovers are companies which respond successfully to worldwide megatrends and develop solutions to global challenges.They replace redundant business models with forward-looking concepts whilst simultaneouslyachieving a positive footprint. They build smart megacities, make the energy revolution possible, focus on the circular economy, or they develop sustainable mobility platforms.USANew mobilityThe Volocopter company in Baden-Wuerttemberg is buildingan all-electric flying taxi. The government of the United ArabEmirates is planning to use the Volocopter as an autonomousair taxi (AAT) in future.l The Kitt y Hawk company founded by Larry Page is developingelectrically powered, self-flying taxis: the “Flyer” flying boatand the two-seater “Cora” flying taxi as well as the recentlyannounced “Opener”.l The “Virgin Hyperloop One” reaches speeds of up to1,200 km/h and covers the distance from Los Angeles toLas Vegas in 30 minutes.lAccentureADP (Automatic Data Processing)First SolarRecognising customer needs earlier.IT companies which focus on personnelservices.First Solar develops and operates solarenergy equipment.ADP investigates pay differences and confirmsthat women earn roughly 17 percent less thanmen six years after being appointed. ADP citeslower starting salaries for the same work as themain reason for this. Its recommendation: paywomen the same rates right from day one.First Solar’s photovoltaic equipment hasparticularly good manufacturing statistics.Its carbon footprint is one sixth of that produced by average solar energy equipment.What’s more, about 90 percent of the rawmaterials within its equipment can be reused.Globalance Footprint 80Globalance Footprint 78Accenture is developing the Digital ServicesFactory for Schneider Electric: this is a newplatform which reduces standard developmentperiods by up to 80 percent. This enables it tooffer industrial customers “predictive maintenance” of their investments.Globalance Footprint 856 – The trends magazine6 7 Worldmap EN RZ Rel.2.indd 219/12/18 10:58

TheFuturemover3D and 4D printingBy 2017 Researchers at ETH Zurich had already used3D printing to create a viable human heart made ofsilicon.l 3D printers can print artificial limbs and consequentlyhelp millions of amputees.l 3D printing is being followed by 4D printing whichadds time as the fourth dimension. Products onlyconstitute themselves when they are needed. Forexample, in space travel or medicine.lGermanySwitzerlandChinaArtificial intelligenceJapanHealthScientists around the world are already usingartificial intelligence in order to combathunger and poverty.l In agriculture AI is combating weeds.The autonomous robot built by the Swiss firm,EcoRobotix, is a fully autonomous, solar-powered,high-precision machine which uses 90 percentless herbicide.l In Beijing China is building a gigantic researchcentre for over 400 companies.lThere are almost 70,000 people over theage of 100 in Japan. This has consequencesfor society, pensions and the country’s healthsystems, and for the provision of care.l Since 2009 Google Ventures has investedroughly 36 percent of its 2 billion dollar revenuesin start-ups within the healthcare sector.l Calico, Alex Therapeutics, Metacrine and Inityare biotechnology companies which are developing ways of delaying human ageing.lIntelLenzingNTT DocomoThe world’s computers use Intel technologiesto operate and communicate.Making fibres from wood.The largest telecommunications companyin Japan.Intel is developing so-called trail cameras whichcan, for instance, recognise an Amur tiger no matter how stealthily it creeps past. Such image recognition technologies make valuable applicationspossible: Intel systems often recognise illnesseson medical images better than people do.Globalance Footprint 82Wood cellulose fibres are a sought-after, highvalue niche product which in some respectshas better properties than cotton. Lenzing iscommitted to the circular economy, andsustainability is embedded at the core of itscorporate strategy.Globalance Footprint 60NTT DoCoMo is very committed to artificialintelligence as a basis for providing the bestpossible support for its customers. Improvedspeech recognition helps older people andpeople with disabilities to use devices or tomake phone calls.Globalance Footprint 814th quarter 2018 – 76 7 Worldmap EN RZ Rel.2.indd 319/12/18 10:58

New thinking is helping an ageing societyLIVING (ACTIVELY) TO THE AGEOF A HUNDREDAlmost 70,000 people in Japan have reached the age of 100. In ten years’ time thenumber of centenarians is expected to beas high as 170,000. Is the dream of eternallife turning into reality, or are the problems of ageing getting worse? The fact isthat demographic change raises enormouschallenges for society, the world of politicsand the economy – not only in Japan.At the age of 80 Yuichiro Miura conquersMount Everest. Hiromu Inada competes inthe Ironman in Hawaii at the grand oldage of 83. The Guinness Book of Recordsis crammed with success stories about“madcap old people”. Having the longestlife expectancy in the world is somethingto be justifiably proud of. Experiencing asignificant decline in the birth rate maymake people worried. It means rising healthcosts, higher social security contributions,and a shortage of care workers etc.In ten years’ time thereare expected to be morethan 170,000 centenariansin Japan.But the Japanese are not prophets of doom.In 2017 “The 100-Year Life” written by LyndaGratton and Andrew Scott is appearing onbookshelves in Japan. Both of the authorsteach at the London Business School, andthey highlight in striking scenarios the impact which a long life may in future have onpeople’s finances, health, and social lives.GLOBALANCEFOOTPRINTPETER ZOLLINGERHead of Impact ResearchWhat does “fit for the future” meanfor an ageing society?An ageing society faces some very special challenges: for instance, how will itmanage to ensure and maintain secureaccess to healthy food, affordablehealth services, or further educationwithout putting age restrictions inplace?We use the Globalance Footprint tosearch for companies which achievesuccess by making use of special innovations: food companies which developproducts that are tailored to the needsof older people. Pharmaceutical companies and insurance companies whichhelp to ensure that health costs remainaffordable in old age. IT and telecomscompanies which help older people tomaintain their social contacts and tocarry on learning throughout their life.The Japanese “Gerontological Society” raises“old age” from 65 to 75.This makes such an impression that the Japanese government uses it as the basis forits policies. A disparate group of ministers,scientists, and business and trade unionrepresentatives is founded. Prime ministerAbe chairs all the meetings, which showsjust how much importance he attaches tothis subject. One example of how practicalthe work is is an 83-year-old who helpsto develop the app games for the elderly.Critics talk about a spectacle put on by thegovernment – but the public are paying attention and therefore exerting an influence.75 IS THE NEW 65The Japanese “Gerontological Society” hasreadjusted the definition of older peoplefrom 65 to 75 years old. Older people paymore attention to their health, fitness studios are booming, and property fairs showhow extra room can be created for olderfamily members. Companies are benefittingfrom older people’s taste for spending inareas ranging from package tours to technology and body care products. Financialservices providers offer new services forvery elderly people, and companies aredeveloping models of work which will provide a contractual basis for older workersto “re-engage” in the world of work. This isbecause Japanese men and women wouldlike to work for as long as possible due tosocial and economic reasons.8 – The trends magazine8 9 Hundert Jahre EN RZ Rel.2.indd 219/12/18 11:00

TheFuturemoverARTIFICIAL INTELLIGENCE FORHUMANITYBy 2025 there will be a shortage of aboutone million human care workers in Japan.Why not talk about artificial intelligenceand put dystopian phantasies to one side?The people of Japan feel little if any resentment towards artificial intelligence. Hardlysurprising given that the world leader in theproduction of robots is a Japanese companywhich supplies 52 percent of global demand. On average about 100,000 of thesecreations are exported every year.In Japan’s old people’shomes and care homesrobots or androids arealready being used as assistants for care personnel inmany places.The machines which often have human,likeable “facial features” bring variety andstimulation to the lives of elderly people.For instance, the residents of an old people’s home in Tokyo are encouraged to doexercise by the “Pepper” robot. The roboticdog AIBO reacts to music, gestures andspeech and is an attentive friend for the illand the elderly who brings joy into theirlives. PARO, a fluff y seal that has been specially developed for people who suffer fromdementia, helps those who are affectedby the illness to display positive emotions.However, the care staff are also thankful forthe high-tech assistance: Digitally controlled“movement coaches” help people to keepGLOBALANCEFU T UREMOVERSDemographicsand ageThe “Pepper” robot encourages senior citizens toexercise.their limbs moving, and the care homeresidents retain their independence whilealso easing the workload of the nursingstaff. The carrying of patients is made easierthrough the use of a portable movementassistant which helps to prevent back andmuscular problems among the staff.TURNING A CURSE INTO A BLESSINGPredicting the future is fraught with uncertainty, but demographic change is certain.Including outside of Japan. Why not supplement the 3-stage linear process of learning,working and retiring with more flexible lifephases?Is working in old age becoming more important thanjust having paid employment?Using knowledge, health, independentdecision-making and technological supportto make good use of the extra years of life:not a bad option.Ventas Inc. is an American companywhich specialises in the developmentand operation of accommodationand care/health centres for olderpeople. Its portfolio comprises almost 1,200 properties in the USA,Canada and the UK. Ventas benefitsfrom the increasing demand forspecialised accommodation for theelderly.Teladoc Inc. is a US health companywhich provides medical care remotely via mobile devices, theinternet and videos, and over thephone. With 1,200 employees andan annual turnover of USD 400M thecompany services a continuallygrowing number of users.Stryker Inc. Stryker Corporationwhich has its head office in the USAis a leading company in the field oforthopaedic and surgical implants.Stryker is benefitting from the increasing global demand for artificiallimbs and endoprostheses which keepour locomotor system in shapeeven in old age.A COMPARISON OF LIFE EXPECTANCY IN DIFFERENT COUNTRIES84In yearsJapan82France81Germany79USASource: The World Bank4th quarter 2018 – 98 9 Hundert Jahre EN RZ Rel.2.indd 319/12/18 11:00

Flying taxis, flying cars, autonomous flyingREADY FOR TAKE-OFFGloBalancefootPrintAre drones good for people and theenvironment?the German digitisation minister, Dorothee Bär, recently demanded that thereshould be flying taxis. the country reactedwith derision, as did people online. Peoplesaid that what was needed was to tacklepolitical issues on the ground rather thangoing off in flights of fancy. But is the ideaof flying taxis etc. really so out of touchwith reality?1863 in London. Thousands of carriages,horse-drawn buses and pedestrians streaming to work: a city which is facing gridlock.The decision is made to put the trafficunderground. “An insult to common sense”is the comment in the press. The world’sfirst subway (underground railway) is built allthe same. Nowadays it’s motorised vehicleswhich are clogging our cities. And thingsare not getting any better: two thirds of theworld’s population are predicted to be livingin cities by 2050. So why not take to the air?Transport in the future:“VTOL” (Vertical Take-Offand Landing)emiSSionS-free vertical taKe-offvehicleS“An emissions-free vehicle that can flyreliably and safely is the next step in thedevelopment of transportation” accordingto Fred Reid, the chief executive of ZephyrAirworks. Cora, a prototype plane whichis just about to be put through its paces inChristchurch, New Zealand, shows whatit can do: the unmanned aerial device canfly 100 kilometres in an hour. Admittedly,the test area is flattering for the firm whichbelongs to Kitt y Hawk – a company ownedby Larry Page, one of the founders ofGoogle. The airspace is virtually empty andthe authorities are not overly zealous in imposing regulations. Nevertheless, Cora doesalready have an airworthiness certificatefrom the New Zealand authorities.Innovations are ready tobe unleashed.The vision of aerial mobility is every bit asenticing as the underground railway oncewas. Developers and researchers thinkthat VTOL technology has great potential.The agile aircraft could be part of thesolution for alleviating traffic jams incities, and for plugging mobility gaps inthe countryside. Its vertical take-off andlanding capabilities could turn the roofs ofhouses into stations. It’s clean, silent andfast, and it uses no fossil fuels. It flies autonomously so it’s accessible to a wide rangeof customers – a concept that numerousfar-sighted companies around the worldare working on: Uberair with roughly 70committed partners, Volocopter and Liliumin Germany, Ehang in China, or PAL-V, amodel of flying car from Holland.Now all that’s needed is for politicians toset the legal framework and ensure theprovision of a reliable infrastructure. Theair taxis are already ready for take-off.Before drones become a permanentfeature of our transport systems, numerous technical, legal, and economicas well as psychological hurdles have tobe overcome.A provisional summary of the prosand cons: drones perform better interms of their noise emissions andenergy consumption, and in terms ofinfrastructure, in situations where theyreplace existing, inefficient methodsof transport (e.g. trucks for lightweightgoods and helicopters for shootingfilms). Drones have the greatestpositive potential in new, indirectagricultural and scientific applications,or in the monitoring of infrastructure.Drones are more stable and thereforesafer than helicopters. It would be aproblem if drones were to lead to arapid increase in the use of (personal)mobility

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